Form 4: Bank7 Corp. EVP/CFO Disposes of 5,000 Shares; RSUs Still Vesting
Rhea-AI Filing Summary
Bank7 Corp. (BSVN) Form 4: Kelly J. Harris, Executive Vice President and Chief Financial Officer, reported open-market sales of the issuer's common stock on 09/02/2025 and 09/03/2025. On 09/02/2025 he sold 1,688 shares at a weighted-average price of $49.2795, reducing his beneficial ownership to 20,895 shares. On 09/03/2025 he sold 3,312 shares at a weighted-average price of $48.383, reducing his beneficial ownership to 17,583 shares. Holdings include multiple restricted stock unit grants with staggered vesting through 2028.
Positive
- None.
Negative
- Insider share dispositions: CFO sold a total of 5,000 shares (1,688 on 09/02/2025 and 3,312 on 09/03/2025) at weighted-average prices of $49.2795 and $48.383.
- Reduced direct ownership: Reported beneficial ownership decreased to 17,583 shares following the transactions.
Insights
TL;DR: CFO executed small open-market sales across two days, modestly reducing direct beneficial ownership while retaining RSUs that vest through 2028.
These transactions are reported as direct dispositions totaling 5,000 shares over two dates at weighted-average prices of $49.2795 and $48.383. The reporting shows continued compensation exposure via restricted stock units that vest in scheduled installments through 2028, which preserves future alignment with shareholders. The sales appear routine and disclosed under Section 16 requirements; no derivatives or additional atypical arrangements are reported.
TL;DR: Insider sales by the CFO are material disclosures but reflect routine reported dispositions with remaining vested and unvested equity.
The Form 4 identifies the reporting person as EVP and CFO and documents reductions in beneficial ownership from 20,895 to 17,583 shares following the reported sales. The filing enumerates restricted stock unit grants with specific vesting schedules through 2028, indicating ongoing equity incentives. All sales are presented with weighted-average price ranges and an offer to provide per-trade details upon request, consistent with standard disclosure practice.